The Oil of ‘Dollars’, Japanese ‘Dollars’

By |2016-08-23T16:43:13-04:00August 23rd, 2016|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Starting June 8, oil prices began falling again, reversing their more optimistic trend that had lingered since February 11 long after the usual correlation to CNY was broken. In fact, by the time WTI had peaked, CNY was already being meddled with again in clear PBOC interference. Despite being backward to what was 2015’s relationship of death, by July the [...]